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Vida cuts rates by up to 40bps on BTL products | Mortgage Introducer - Vimarsana News

Vida cuts rates by up to 40bps on BTL products | Mortgage Introducer

Vida has reduced rates by up to 40bps on buy-to-let products including HMOs and MUBs offerings. The cuts apply to the lender’s core BTL range, Houses in Multiple Occupation (HMOs)/Multi Unit Blocks (MUBs) and expat offerings. Reductions also apply to the Vida Flex product, which features three years’ early repayment charges on a 5-year fixed rate. The lender’s Vida 1 HMO/MUB range will now start from 3.29% on a 2-year fixed deal at 70% LTV, reduced by 40bps, and 3.69% on a 5-year fixed deal at 70% LTV, reduced by 30bps. Rates now start from 2.89% on the core Vida 1 range for a 2-year fi...